The Daily Overview on MSN
Ignore the 2026 1% IRS excise tax on cash moves and you could go broke
The new 1% federal excise tax on certain cash and money transfers starting in 2026 is not a nuisance fee you can shrug off.
Carrie Brandon Elliot reviews questions and action plans generated by the January 1 effective date of a 1 percent tax on remittances from the U.S. to foreign recipients.
Washington, D.C.—Congressman Doug LaMalfa, R-Richvale, reintroduced bipartisan legislation to repeal the 12 percent federal excise tax on heavy trucks in partnership with Reps. Pappas, D-NH, LaHood, R ...
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